GSTAAD, SWITZERLAND–The 58-room Alpina Gstaad has welcomed its first guests, the first new luxury hotel to be built in this Alpine village in 100 years.

The hotel is located in Gstaad's hilltop area known as Oberfort, five minutes from the center of the village in the center of the Bernese Alps. Bordered by an acre-and-a-half of gardens, the hotel features three restaurants, a full-service spa, fitness center, indoor lap swimming pool, outdoor pool, cigar lounge and private movie theater. Constructed over a four-year period, the project cost an estimated $337 million.